Hester Peirce, Commissioner of the Securities and Exchange Commission, wants to create a regulatory safe and secure environment for crypto-currencies. The Chairman of the U.S. securities and exchange Commission, stressed at a conference.
By Phillip Horch
5. August 2019BTC$11.742,00 9.63%part Facebook Twitter LinkedIn xing mail
Hester Peirce wants to create a safe haven for digital currencies. The announced, SEC Commissioner, at a Panel discussion at the University of Singapore on 30. July. Here, Peirce expressed interest in a „non-exclusive safe Harbor“ for the purchase and sale of digital tokens. Thus, it should be possible that users can give out a new Token in a regulatory safe atmosphere.
Just in terms of cross-border policy, according to Peirce, the notions of citizens involved. Without the explicit consent of the citizens regulatory efforts should remain in the hands of the local authorities:
The regulators had to follow the leadership of the markets and with their foreign colleagues to work together. But international communication and internationalisation of markets must not lead to the internationalization of our rules. Without an explicit decision of the citizens of […], assign its regulation at an international firm, should specify a [local] Jurisdiction, what are the rules for your investors and markets work best.
Peirce confirmed by the U.S. Senate
Hester Peirce confirmed with your statement, what were the most recent Statements of the US Senate already suspect. Because in regulatore, one can observe circles is currently an incipient turnaround. So the insight that it does not make sense, Bitcoin and other crypto-currencies-to-handle-too-restrictive breaks more and more. Any bans would not be here to be purposeful, but rather ineffective. In contrast, secure regulatory are attached to ports, as required by Peirce, both for users as well as authorities in the Overview of crypto-currencies and improve the Bitcoin Ecosystem.
in February, the US securities and exchange Commission announced to work on their rulebook for crypto-currencies. It was all about, to simplify the application for the approval of new Token projects for users. With a Directive for such applications, the authority facilitated the work both for innovators as well as for the authority itself.
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